Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 1501 - 1510 of 7203 results for "Retirement"

Digitisation, personalisation key for advice firms: BlackRock

CHLOE WALKER  |  WEDNESDAY, 3 MAY 2023
... and the experience they will expect. "In the US today, a typical client is around 62 years old and on the verge of retirement. However, with the huge intergenerational wealth transfer about to take place, the bulk of which is expected go to millennials ...

Payday super to boost retirement savings for millions

ANDREW MCKEAN  |  TUESDAY, 2 MAY 2023
... time as wages. ISA said moving super payments to align with wages could give millions of Australians $50,000 more at retirement and drastically curb Australia's "unpaid super scourge" which has cost workers $33 billion over the last seven years. ...

Wealth inequality divides Australia: Research

KARREN VERGARA  |  TUESDAY, 2 MAY 2023
... ownership rates across the population will lead to larger differences later in life, including wealth accumulation and retirement outcomes. Taylor Fry principal and the paper's co-author Hugh Miller said that the big disconnect between robust economic ...

Australian Retirement Trust names risk heads

ELIZABETH FRY  |  MONDAY, 1 MAY 2023
Australian Retirement Trust has promoted two people to more senior roles within the risk function. The $240 billion super fund has promoted Nick Horn to head of investment risk and Bridget Piggott to head of risk. Horn will report to Anne Browne as ...

Skynet fraudster terminated by ASIC

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... regulator issued a permanent ban to the director of Melbourne's Skynet Financial Services for stealing his clients' retirement savings to fund a lavish lifestyle and pay personal debts. Between 2013 and 2017, Terence Rio Nugara advised clients to withdraw ...

Hostplus, IFS adopt 'mass-personalised' advice tool

JAMIE WILLIAMSON  |  FRIDAY, 28 APR 2023
... education-led digital advice solutions that enable their members to achieve better financial outcomes both today and in retirement. 'SuperSmart' is the natural extension of our extensive experience in advice delivery, providing super funds with an integrated ...

Lumiant acquires longevity app

KARREN VERGARA  |  FRIDAY, 28 APR 2023
... acquired an app that helps financial advisers monitor clients' health, longevity and aged care risks that could impact retirement. Chicago-based Genivity, deemed a health analysis and longevity optimiser (HALO), will integrate into Lumiant's ...

YFYS sanctions don't help existing members: ISA

CHLOE WALKER  |  THURSDAY, 27 APR 2023
... make matters worse, their members will be stapled to these dud products, which can cost each of them up to $230,000 at retirement," it said. ISA noted nearly a third of products assessed were dark crimson for their 'significantly' high administration ...

Biggest super funds face human rights complaints

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... the failure to obtain free, prior, and informed consent. Complaints were also sent to the trustees of AMP, Australian Retirement Trust, Aware Super, Brighter Super, BT, Cbus, Colonial First State, Commonwealth Superannuation Corporation, Equipsuper ...

Investors flock to term deposits over equities

ANDREW MCKEAN  |  THURSDAY, 27 APR 2023
... within super, missing out on those tax concessions can put you at a disadvantage. Secondly, most of a client's retirement capital isn't likely to be used in the short-term when the protection from volatility that a term deposit offers can make ...